abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC reduced its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree Report) by 10.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,378 shares of the company’s stock after selling 8,944 shares during the quarter. Mutual Advisors LLC owned approximately 0.05% of abrdn Physical Gold Shares ETF worth $1,644,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Keener Financial Planning LLC purchased a new position in abrdn Physical Gold Shares ETF in the fourth quarter worth approximately $35,000. Sachetta LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $84,000. Headlands Technologies LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth about $85,000. Householder Group Estate & Retirement Specialist LLC raised its holdings in abrdn Physical Gold Shares ETF by 108.5% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,054 shares of the company’s stock valued at $99,000 after buying an additional 2,630 shares during the period. Finally, Allworth Financial LP acquired a new position in abrdn Physical Gold Shares ETF in the fourth quarter valued at about $150,000.

abrdn Physical Gold Shares ETF Stock Up 0.2 %

Shares of SGOL stock opened at $22.57 on Wednesday. abrdn Physical Gold Shares ETF has a 1-year low of $17.35 and a 1-year high of $23.30. The company has a 50-day moving average of $22.37 and a two-hundred day moving average of $21.10.

About abrdn Physical Gold Shares ETF

(Free Report)

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.

Further Reading

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Institutional Ownership by Quarter for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

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